Latam – Page 18
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M&A
Telefónica preps new vehicle for digital M&A in Brazil
Local operating business Vivo indicates it may channel deals through a new platform as it seeks to build out its digital services ecosystem. Move would extend Vivo’s control over M&A and provide an alternative route to Telefónica’s central Wayra and Tech divisions.
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Operations
Vivo to begin sunsetting 2G this year
Brazilian operator says cogs starting to move in convoluted 2019 network-sharing tie-up with rival TIM. Switch to a single shared grid set to move beyond pilot phase, enabling operators to begin re-farming 2G frequencies.
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M&A
Nabiax mulling sale of ex-Telefónica data centre bundle
Business set up through Asterion–Telefónica partnership reported to be assessing demand for set of eleven data centres in Americas. Move appears to shift focus of Nabiax, and its commercial tie-up with Telefónica, towards Spain. Centres were picked up in 2019 and 2021, as part of Telefónica’s trimming of Hispam ...
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Partnerships & Alliances
Vivo gets ball rolling on Ânima learning JV
Brazilian operator’s Board clears path to creation of new company focused on digital courses. Vivo confirms 50:50 split with partner Ânima Educação. Some bureaucratic hurdles still to overcome.
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Premium
Elsewhere in Hispanoamérica: Movistar Peru fails penalty appeal
Telefónica Colombia doubles up on sustainable borrowing; Telefónica Peru back in naughty corner as Osiptel probes unauthorised SIM card vendors.
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M&A
Oi mobile sale hits another road bump
Brazil’s Federal Prosecutor’s Office (MPF) representative at antitrust regulator CADE gives thumbs down to proposed sale of Oi Group’s mobile assets to Telefónica|Vivo, Claro Brasil, and TIM Brasil. Non-binding decision cites competition concerns and recommends “administrative proceedings” to investigate collusion among trio to exclude other interested companies. Oi says ...
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Premium
Telefónica people moves: Colombian fibre JV names leadership
Telefónica Colombia’s fibre-building joint venture with KKR launches with a familiar top-team. Collaborative initiatives see Group execs take board seats at GSMA and IndesIA. VM O2 continues to make sweeping changes to senior leadership, with former O2 UK execs Bailey and Soto finding new roles elsewhere.
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Premium
Elsewhere in Brazil: Vivo signs solar deal with Helexia
Group makes customer satisfaction pledge; Vivo ramps up solar project.
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Premium
Oi mobile sale gets pass, just
Regulators give green light to contentious carve-up of Oi Group’s mobile assets between Vivo, Claro, and TIM. However, Brazil’s Federal Prosecutor’s Office to probe how sale was conducted. Prosecutor cites competition concerns and recommends “administrative proceedings” to investigate collusion among trio to exclude other interested companies. Oi claims sell-off ...
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Premium
Telefónica Innovation & Venturing Roundup: Wayra investments showing growth
Wayra highlights growth in 2021’s investments; Wayra Chile completes exit; Telefónica takes EU funds for innovation hub.
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M&A
Regulator approves Oi sale
Decision confirmed, subject to conditions, after Brazilian regulator Anatel postponed ruling last week. A board member had asked for additional time to review sale to a consortium featuring Telefónica|Vivo, Claro Brasil, and TIM Brasil. Final approval still required from competition authority CADE.
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Public Affairs
Telefónica handed EC fine for Brazilian non-compete deal
Decade-long proceedings close with Telefónica — along with Pharol — ordered to hand over €79m for antitrust breach. European Commission findings upheld despite yo-yoing, with final charge held for Telefónica and down slightly for Pharol.
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Network & Infrastructure
Telefónica’s PangeaCo begins operations in Peru
Telefónica appears to have failed to find an investor for the Peruvian FibreCo. Political situation may have complicated efforts to find a partner.
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M&A
Telefónica concludes Central American exit with El Salvador sale
General International Telecom’s $139m transaction completed. Sale goes through at the second attempt after an agreement with América Móvil collapsed in 2019.
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Premium
Elsewhere in Hispanoamérica: Movistar battles it out with WOM over fibre
Telefónica Chile wins over WOM in fibre building showdown; OB performs first remote 5G mammogram in region.
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Premium
Telefónica signs Infobip on B2B client support
Movistar partners communications platform provider Infobip to expand its B2B suite. Omnichannel communications services touted under new service.
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Network & Infrastructure
Peru’s IpT likes open RAN, but sees room for improvement
CTO of rural provider lauds lower energy consumption, shorter implementation times, compared with traditional 4G rollouts. Flags “some limitations” on capacity and scalability, however; “overall cost” of open RAN equipment still in same ballpark as kit from mainstream vendors.
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Premium
Telefónica selects Wipro for 5GC automation
Group to roll out Indian tech firm’s CI/CD/CT solution in Brazil, Germany, followed by Spain and UK. Aim to “industrialise” processes surrounding automation of 5G Core functions and speed time-to-market for new services. Telefónica and Wipro plan to expand solution to other network areas, including access, infrastructure, and transport. ...
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Premium
New business boosts Atento diversification drive
Former Telefónica subsidiary flags growth in new sectors and USA as it expects legacy revenues from Spanish operator to dwindle. Cyberattack in Brazil disrupted services but will not affect financial guidance.
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M&A
Group’s Central America withdrawal complete
El Salvador’s Superintendencia de Competencia gives Group green light to exit the market through transaction announced with General International Telecom in autumn. No conditions attached to approval, unlike earlier deal with América Móvil that ended up collapsing. Deal is final of five regional sales by Group.